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Why can the value of an object in Harappan trade not be determined only by its material?

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Answer and explanation

Correct answer: Labour, craft skill and rarity also affected value

The governing concept is that exchange value reflects several inputs, not merely raw material. A Harappan bead, ornament or tool could become more valuable because of the labour invested, specialised skill, manufacturing complexity, finishing and scarcity of its material. Therefore C is correct. Materials did not all have equal value, a maker’s name was not the sole measure, and standard weights and measures could support fair exchange.

Related tags

Harappan-TradeValueCraft-ProductionLabourRarityTradeBricksBeads And BonesBricks Beads And Bones

Frequently asked questions

What is the correct answer to this question?

Labour, craft skill and rarity also affected value

Why is this the correct answer?

The governing concept is that exchange value reflects several inputs, not merely raw material. A Harappan bead, ornament or tool could become more valuable because of the labour invested, specialised skill, manufacturing complexity, finishing and scarcity of its material. Therefore C is correct. Materials did not all have equal value, a maker’s name was not the sole measure, and standard weights and measures could support fair exchange.

Which subject and chapter does this question cover?

This is a Class 12 History question. Chapter: Bricks, Beads and Bones. Topic: trade.

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